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LG has announced the world’s first Android smartphone with a dual-core processor. The LG Optimus 2X aka the LG Star, features a 1 GHz NVIDIA Tegra 2 processor that offers much better graphics processing than other single core 1 GHz processors and consuming lower battery at the same time.

The Optimus 2X also captures video in full 1080p HD resolution and comes with an HDTV out feature that “expands content” to fit the larger HD display. The smartphone currently runs Android 2.2 Froyo but the company promises it will be updated to Android 2.3 Gingerbread. It will be available in Korea in January followed by other markets of Europe and Asia.

We believe that this is just the beginning of smartphones with NVIDIA’s Tegra 2 processors. The company has been demonstrating its Tegra line for more than a couple of years but it is only now that OEMs have a use case to integrate these super charged processors in their smartphones. Expect every major handset vendor (barring Nokia, in all probability) to showcase some devices, both smartphones and Internet Tablets, at next month’s CES in Las Vegas and then at the Mobile World Congress in Barcelona in February.